ACTIVITY BASED COSTING (ABC)


Meaning of ACTIVITY BASED COSTING (ABC) in English

attempting to allocate all costs to where they actually arise, including costs that cross functional boundaries; in this way efficiency and effectiveness can be measured and controlled; it's all the rage (see cost and profit centres).

Raynet Business and Marketing English glossary.      Английский глоссарий компании Raynet Business and Marketing .